Is your company leveraging design thinking? There are several different approaches to accomplishing a project or delivering a new product. For some organizations, implementing Lean principles and ...

In the EMS environment, poka-yokes are beneficial because they improve throughput or mitigate defect opportunities without product design or process changes. Poka-yoke focuses on three types of ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Eliminating waste is the holy grail of management science—but overemphasizing it leads to a host of problems. Companies should pay just as much attention to resilience. by Roger L. Martin In his ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Vikki Velasquez is a researcher and writer ...

A little more than a year ago, on a trip to Nairobi, Kenya, some colleagues and I met a 12-year-old Masai boy named Richard Turere, who told us a fascinating story. His family raises livestock on the ...

The iron triangle of product development has shortcomings. Learn why the lean startup process is the best way to achieve "fast, good and cheap," all in one project. There’s an old saying in software ...

News reports have been describing the details of new infrastructural projects – namely wider, multi-lane roads and highways interspersed with flyovers or overpasses – in Kigali. They are to be built ...